Research >> Economics
Business Inventories up 0.2% in May
The U.S. Census Bureau announced today that the combined value of distributive trade sales and manufacturers’ shipments for May, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,291.8 billion, up 0.2 percent (±0.2%)* from April 2016, but was down 1.4 percent (±0.4%) from May 2015.
Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,810.0 billion, up 0.2 percent (±0.1%) from April 2016 and were up 1.0 percent (±0.5%) from May 2015.
The total business inventories/sales ratio based on seasonally adjusted data at the end of May was 1.40. The May 2015 ratio was 1.37.
Posted: July 15, 2016 Friday 10:00 AM